Why the Jobs Report Matters to Investors

There are numerous job reports including weekly jobless claims, Job Openings and Labor Turnover Survey (JOLTS), and the ADP Employment report, but the Employment Situation report is the most comprehensive jobs report because it tracks the unemployment rate, Nonfarm Payrolls, the workforce participation rate, and average hourly earnings. Many investors use this report to gauge economic strength. At times, it can even move the markets, so it's important to understand the Employment Situation report.
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(1223-3CRT)

[@maximumoverload5134]

But the numbers are fudged !

[@yojohnyyo]

Ily

[@PartyTimeBob]

That the markets move based on this data is a testament to the high quality of data that we get out of our bureaucracy. Wish we could get more praise for hard working and productive parts of our government which benefit the American people and tangentially the world. Keep up the good work BLS.

[@K1OIK]

useless